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Ep. 27 Donald Trump appeared in court today, but it wasn’t a legal proceeding. It was a grotesque parody of the system our ancestors created. Victor Davis Hanson explains.
Order flow look on $BTC
(still learning so lets learn together)
as you can see price going up with OI and perp cvd while spot cvd is not doing anything at all in the first box last week high.
Now if you look at second box you can see same behavior and this whole move up is fake and probably driven by perp longs and this will retrace to 24k. IMO
A case can be made that a massive bull trend in Silver miner ETFs is about to begin. $SIL could retest its ATH in the months and year or two ahead. $SI_F
#Bitcoin has spent the past six years inside this channel.
I don't think this changes anytime soon. In fact, I think it's time we test the highs again.
Targets in the chart.
#Bitcoin Just got rejected by the SSB (W)💥
If you wonder what is happening with #BTC price, it's pretty simple from an Ichimoku perspective:
Price just got rejected by the Senkou Span B (SSB) (the upper line of the Cloud) on its first attempt to break the Cloud to the upside.
Nothing surprising or unusual as the SSB is the strongest line of the Ichimoku system.🫡
#xrp - Monthly ⚠️⚠️⚠️
I'm trying to find key resistance and support on the way up for #xrp. So far, so good.
🚨 What we need to see here for #xrp is really simple. Break the 1 fib before losing the 0 fib. Expect a minimal 1.618 at $6.31 to be met.
Best of luck CKC.
We already went through a recession, by every financial definition.
We saw major risk pullbacks, deleveraging, major indexes dumped 30%, etc all of which happen DURING recession.
“But what about the bank crisis”. FYI, unless it’s one of the top 10 (JP Morgan, wells, DB, etc) these random no name banks are just a retail distraction.
We have the most sidelined capital in human history and smart money is shifting to buy.
Stop living under a rock and believing these larps on Twitter who have never worked in professional finance.
#Bitcoin failed breakdown
Failed breakdowns usually lead to strong reversals.
$12k is not in play as long as we stay above the blue line.
Get another weekly candle to close above and we go higher.
Opinion on #Bitcoin Bottom.
1. On the weekly, we are still Bearish, at the verge of turning Bull.
2. Waiting for Price to Close above 22K to break the Bearish MS of Lower Highs.
3. A Close above 25.5K would confirm a Bearish MS Break, in short, last wall of bear Hope.